|Bid||50.200 x 0|
|Ask||50.250 x 0|
|Day's range||50.100 - 50.700|
|52-week range||42.950 - 56.000|
|PE ratio (TTM)||6.60|
|Forward dividend & yield||3.83 (7.40%)|
|1y target est||56.97|
March 21 (Reuters) - Henderson Land Development Co Ltd : * FY PROFIT ATTRIBUTABLE HK$30,433 MILLION, UP 39% * RECOMMENDS PAYMENT OF A FINAL DIVIDEND OF HK$1.23 PER SHARE * FY REVENUE HK$24,453 MILLION ...
Li Ka-shing's rise from penniless immigrant in 1940 to billionaire tycoon is the consummate success story in Hong Kong, a city which progressed alongside him from trading outpost to one of the world's biggest financial centres. While Hong Kong's adoration of the billionaire and his rags-to-riches story has waned somewhat in recent years, he is still stepping aside from one of Asia's most outward-looking empires, spanning more than 50 countries and 323,000 employees at last count. Through a career spanning the 78 years since his family fled war-torn China for Hong Kong, Li built fortunes first in plastics and property before joining the first wave of top-tier Chinese tycoons in the city with the 1979 purchase of Hutchison Whampoa, a venerable British "hong" or trading house.
A unit of China's HNA Group [HNAIR.UL], the cash-starved aviation-to-financial services conglomerate, said on Tuesday it was selling two Hong Kong sites to Henderson Land Development Co Ltd for HK$16 billion ($2 billion). Completion of the deal for the land at Kai Tak, near the territory's former airport, was expected to be completed on Feb. 14, Hong Kong International Construction Investment Management Group Co Ltd (HKICIM) said in a statement to the stock exchange. The sale would be conducted by two Cayman Island funds holding the rights to the sites, HKICIM said, in what is the latest in a series of measures taken by the Chinese conglomerate to address a liquidity crunch.
Shares of Hong Kong International Construction Investment Management Group Co Ltd , a unit of HNA Group, were set to surge 15 percent on Tuesday after it agreed to sell two sites in the city to Henderson ...
Hong Kong's Henderson Land Development Co Ltd has signed an agreement to sell an office tower for HK$9.95 billion (£938.63 million), a spokeswoman said on Friday, and the buyer is a China-backed firm, according to Hong Kong's Companies Registry. The Hong Kong developer's spokeswoman said the buyer of the building with a gross floor area of almost 330,000 square feet is Fans Group Ltd, a company registered under a China passport holder according to a Reuters check.
The billionaire chairman of Hong Kong developer Henderson Land said he will donate HK$1 billion ($128 million) to charity after the city's benchmark index surpassed the 30,000-point level, keeping a pledge he made seven years ago. Lee Shau-kee, nicknamed "Hong Kong's Warren Buffett", promised in his autobiography in 2010 that he would donate HK$1 billion when the Hang Seng Index surpassed 30,000 points - a level last scaled in November 2007 - and would continue to donate that sum each year the index stayed above that level.